London, United Kingdom, March 8, 2023 — GameFi arcade project Metacade has continued to see a phenomenal response to its Metacade (MCADE) token presale, with five stages selling out and an impressive $9.3 million raised to date. This leaves only two rounds before the presale closes, and the hotly anticipated token finally lists on public exchanges.
During the recent Metacade presale, a significant demand for tokens led to stage five quickly reaching its token sale cap at $0.0155. The current stage six has a token price of $0.017, ahead of its final increase to $0.020 in the closing stage of the presale. Once the presale sells out, the token will be unleashed on multiple crypto exchanges, including Bitmart and Uniswap.
Russell Bennett, CEO at Metacade, said:
“It feels like only yesterday that we opened the MCADE presale, and it’s already coming to a close. We’re thrilled to have so many investors and GameFi enthusiasts on board for the next stage of Metacade’s journey. Everything is on track, and we will be keeping the community updated every step of the way.”
It certainly has been interesting to follow the buzzing Metacade social channels, where a loyal development community shares ideas, including application interfaces and user experience concepts. The business aims to hire from within the existing community as the project progresses following the presale.
Metacade is set to deliver the ultimate play-to-earn (P2E) experience and change the face of gaming. Built on blockchain-based play-to-earn mechanics, Metacade will allow gamers to earn a crypto income while playing a vast range of arcade-style games. The GameFi project is building a community hub for all things play-to-earn where gamers can meet, exchange gaming alpha and compete against each other in tournaments to earn MCADE.
MCADE is the fuel for the Metacade ecosystem and is used in all transactions on the platform. Gamers will be rewarded tokens for gameplay, such as overcoming challenges, completing tasks and battling it out in player-vs-player sessions. Users will also be awarded MCADE tokens for their valuable contributions to the platform, such as sharing knowledge with fellow gamers, writing game reviews and engaging in events.
A highly attractive feature drawing in investors is the Metagrants initiative — a funding source for game developers to build projects on the platform. Developers submit game proposals to the community, who vote on what projects they want to see built. The most popular proposals are awarded funding, and the developers can set about bringing the ideas to life.
Metacade recently received approval from leading blockchain auditing firm CertiK, which analyzed and evaluated the project’s specifications and code, assuring the authenticity of the Metacade team through a full Know Your Customer check. This prestigious approval places Metacade among other Certik-approved projects, including Chiliz, Aave and Polygon, assuring investors that Metacade is transparent and reliable.
Metacade is the premier destination for gaming in the metaverse. As Web3’s first community arcade that allows gamers to hang out, share gaming knowledge and play exclusive P2E games. The platform offers users multiple ways to generate income, build careers in Web3 and connect with the broader gaming community.
Metacade will be the one-stop destination for users to play, earn and network with other passionate gamers worldwide. Once the project reaches the end of its roadmap, Metacade will be handed over to the community as a full-fledged decentralized autonomous organization, evidencing its commitment to its original ethos of people-led gaming.